1. A/D line is at 471, heading down and it shows divergence tops against the $NYSE. -1
2. NYSI is positive at 1011. +1
3. NYHL (EMA10) is positive and is at 112 (+1). No divergence (0). Net +1.
4. NYA200R (EMA20) is at 42 (still below 50), still heading up. -1.
5. CPC (50MA) is at 1.05 still edging down. -1
5. CPC (50MA) is at 1.05 still edging down. -1
Score: 0
$SPX closed at 2055 after a possible bottom at 1812 five weeks ago. Has crossed above the 50-day MA. Has crossed above the 40-week MA (2011).
Overall trend seems to be negative. After a 5-week +13% rally, and MACD and RSI looking overbought, some pullback may be expected.
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